Mistakes do happen occasionally in life. And especially when it comes to bidding on eBay, many people make mistakes. As you are reading this post, chances are high that you have also made a mistake while placing a bid. This means, you also either want to lower the bid on eBay or increase it. But, whether you like it or not, in most of the cases, eBay does not allow bidders to lower their bid. However, the bidding rules on eBay are quite strict but in some cases they enable users to lower max bid on eBay. That's not all, users are also allowed to increase or cancel their highest or lower bid in some limited circumstances.
While placing a bid in eBay, you are agreeing to buy the item if you win the auction. At the same time, you agree not to make changes in your already placed bid except in some cases such as when you entered a wrong amount in your bid or the seller has made major changes in the description of the item. Whatever might be the reason, if you really want to make changes in your eBay bid, be sure you follow the correct step by step process. Otherwise, you might end with getting your eBay account suspended. Let's get over it in details:
When you can't lower max bid on eBay?
Before we proceed further in this post, it will be in your great interest to know the circumstances when you can't lower your bid on eBay. Let me explain. Be informed that if the listing is going to end within the next 12 hours, then you can't lower your maximum bid. Though, you can retract your most recent bid that you have placed within the last one hour. Secondly, if you have won the eBay bid then also you can't lower your eBay bid. In such a case, you will be required to accept the product and make payment. Not doing so, might prompt eBay to temporarily or permanently ban your account.
Gladly, in some of the cases you can lower bid on eBay. If your reason to lower your highest eBay bid comply with terms of eBay's bidding as mentioned above, you either can increase or lower it or even retract it. It is important to notice that first you will require to retract your bid and then place a new bid. These are the steps to lower max bid on eBay if the bid is incorrect:
First step is to sign in to your eBay account.
Now go to your profile to find and select the "My eBay" tab.
Your "My eBay" tab will lead you to your buying and selling page.
Further, you need to select the auction to decrease the amount of your bid.
Now copy the item number from "Other Item Info" section.
Then, select the eBay bid retraction form and paste the item number to retrieve your bid.
Now from the drop down menu, select the reason for retracting your bid and then click on "Retract Bid".
Finally, come back to the auction page once the retraction is completed.
Now you have to enter your new maximum bid amount and submit your bid immediately just after the retraction.
How can you retract or cancel your highest bid in eBay?
Just to reiterate, yes you can cancel or retract your highest bid. As long as your reason to cancel your bid on eBay meets the terms and condition of eBay, you can retract your bid. I recommend you to go back to the last section and follow the steps as mentioned above. In case, if you can't lower your highest bid or retract your bid on eBay, feel free to contact for urgent help.
In short, it is safe to say that the task of changing bids on eBay is both simple and difficult. Actually, it is all about acting in accordance with eBay terms of bidding. In case if your reason to lower max bid on eBay doesn't meet the rules, getting in touch with us is the best thing you can do. Experts available at the contact center can help you to withdraw or edit your bid under all circumstances.